For Q1 FY2026 (ended March 31, 2026), Park Hotels & Resorts reported revenue of $622 million, down 1.3% year-over-year. Net income surged to $11 million from a loss of $57 million in the prior year, while operating income rose to $62 million from $7 million. Diluted EPS improved to $0.05 from a loss of $0.29 per share. The company held $156 million in cash, with $3.854 billion in long-term debt and $3.088 billion in equity.
•Revenue decreased 1.3% YoY to $622 million.
•Net income improved significantly to $11 million from a loss of $57 million.
•Operating income rose to $62 million from $7 million.
•Diluted EPS was $0.05, up from a loss of $0.29 per share.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Park Hotels & Resorts inc. is one of the largest publicly traded lodging real estate investment trusts. With a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value, Park's portfolio currently consists of 34 premium-branded hotels and resorts with approximately 23,000 rooms primarily located in prime city center and resort locations. Park Hotels & Resorts Inc. was incorporated in 1946 in Delaware and is based in Tyson, Virginia.
Park Hotels & Resorts Inc. is one of the largest publicly traded lodging real estate investment trusts (REITs) in the United States. The company owns a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value. Its portfolio currently consists of 34 premium-branded hotels and resorts, totaling approximately 23,000 rooms. These properties are primarily located in prime city center and resort locations, catering to both business and leisure travelers. As a REIT, Park Hotels generates revenue by leasing hotel properties to operators or operating them itself, distributing most of its taxable income to shareholders as dividends.
On which stock exchange is Park Hotels & Resorts Inc. listed and what currency is used?
Park Hotels & Resorts Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol PK. The company's stock is traded in US dollars (USD), reflecting its primary operations in the United States. As a US-based real estate investment trust, its financial reporting and dividend payments are also denominated in USD. Investors can buy and sell shares of PK on the NYSE during regular trading hours, and the stock is included in various market indices tracking the real estate sector.
What sector and industry does Park Hotels & Resorts Inc. belong to?
Park Hotels & Resorts Inc. operates in the Real Estate sector and is specifically classified under the REIT - Hotel & Motel industry. This means the company is a real estate investment trust that focuses on owning and managing hotel and motel properties. As a REIT, it is required by law to distribute at least 90% of its taxable income to shareholders in the form of dividends, making it a popular choice for income-focused investors. The hotel and motel REIT industry is sensitive to economic cycles, travel trends, and occupancy rates, which directly impact Park's revenue and profitability.
Where is Park Hotels & Resorts Inc. headquartered and what is its history?
Park Hotels & Resorts Inc. is headquartered in Tyson, Virginia, United States. The company was incorporated in 1946 in Delaware, giving it a long history in the hospitality real estate sector. Over the decades, it has grown into one of the largest publicly traded lodging REITs, with a portfolio of 34 premium-branded hotels and resorts. The properties are primarily located in prime city center and resort locations, including major US cities and popular vacation destinations. Despite its long history, the company continues to adapt to changing market conditions, focusing on high-quality assets with significant underlying real estate value.
How does Park Hotels & Resorts Inc. generate revenue?
Park Hotels & Resorts Inc. generates revenue primarily through the ownership and leasing of hotel and resort properties. As a real estate investment trust (REIT), it earns income from rents paid by hotel operators or from direct hotel operations. The company's portfolio consists of 34 premium-branded hotels and resorts with approximately 23,000 rooms, located in prime city center and resort locations. Revenue is driven by occupancy rates, average daily room rates, and ancillary services such as food and beverage, parking, and event spaces. By focusing on iconic, market-leading properties, Park aims to maintain high occupancy and pricing power, which in turn supports consistent dividend payments to shareholders.